RIYADH: Saudi Arabia and Jordan will set up a joint coordination council to oversee billions of dollars of investment in...

NEW YORK: Amazon.com Inc on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in...

SEOUL: South Korea will cut retail natural gas prices for households and industry by an average of 5.6% from May...

CALIFORNIA: Facebook Inc’s quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile...

ATHENS: Greece and its international lenders are close to a deal on a package of bailout reforms and are working...

AMSTERDAM: Some 15% of Dutch households switched energy supplier last year, well above the European average of 6%, according to...

MANILA: Authorities seized an estimated PHP375 million worth of methamphetamine hydrocloride or ‘shabu’ from two Chinese and two Taiwanese nationals,...

BRUSSELS: The European Commission has closed an infringement procedure against Hungary related to excise tax rules for palinka, the Hungarian...

WELLINGTON: New Zealand has strict and effective controls over imported vehicles and has not suffered from a widespread “influx of...

BUDAPEST: American industrial machinery maker Flowserve Corporation will set up a 4.3 billion forint (EUR 13.8m) financial services centre in...

WASHINGTON: The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending...

TEHRAN: The latest official figures show that Asian imports of Iranian oil in March jumped 50 percent from a year...

BERLIN: German tourism giant TUI said it has agreed to sell off its Hotelbeds unit to two investment funds for...

HCM CITY: Australia has officially commenced a review to import fresh dragon fruit from Việt Nam. According to a press...

KIGALI: Burundi's trade deficit narrowed to 937.3 billion francs ($609.11 million) in 2015 from 985.1 billion francs a year before...

TAIPEI: Siliconware Precision Industries Co (SPIL) yesterday posted a 39 percent annual decline in net profit last quarter, but expects...

NEW DELHI: Kolkata Port Trust is embarking on seven key projects amounting to Rs 1,256 crore in the current financial...

TAIPEI: The Taiwan International Port Corp (TIPC) signed a memorandum of understanding (MOU) with the Subic Bay Maritime Authority (SBMA)...

JAKARTA: Cigarette producer PT Hanjaya Mandala Sampoerna Tbk announced here the other day that it would pay Rp 10.35 trillion...

BRASÍLIA: Political convulsions in Brazil are taking a toll on the port sector, forcing the resignation of Ports Minister Helder...